Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1887-06-26
A TALK With GOULD.
Fridays Great Panic Pronounced an
Attempt on the Part of Gould and
Sage to Down Field.
Gould Says de is MOI in the Market as
q Spectator, but BUYS Good
Thing When He Finds Ii,
He Thinks tho Country Would Not Suffer
by - Change of administration and
kaVors Let Alone Policy.

NEW YORK, June 25.-The Times this
morning says it is no libel to say that
there are people in Wall street who do
not credit all the statements inside 0y the
Gould crowd yesterday. Gould and Sage
called loans by tie wholesale. They did
their best to corner money. They
tumbled basketsful OF stock or the mar
ket. The break was OF their own de-
signing, SO believes everybody who pre-
sumes TO have en- independent opinion in
Wall street. 1t was their own Western
Union and Missouri Pacific and Manhattan
that they used to slug the market with,
and X they were not cunning after Cyrus
Field every Indication seemingly worth
attention is all wrong. It has been an
open secret that Gould snd Sage do
not love Field for all that
speculative copartnersbip with himE
Russell Sage is on record as saving the
time was coming when Field will 90
"patter, patter, patter," Deacon Ssge's
poetical description of Brother Field on
dead run. Field, according to common
fame, is loaded heavily with Manhattan.
Gould has been q loaner of money to the
$4,000, 900 yesterday. Though Gould mas
been advertised a good deal lately as the
patron OF Ives, and though Ives has been
recognized IN many quarters as Gould's
chosen instrument for settling the big
telegraph war through the Baltimore and |
Ohio deal, still close observer has not |
been misled in the idea that Gould |
was not quite Gil that this, their /
popular opinion, had suggested When
somebody remarked TO Gould that Ives
was young man to be so conspicuous in
Wall street, Gould's quiet observation
vas ''Well, it often happens that Wall
streets greatest financiers are young
men. How old was Ferdinand War0?'i
jesse Selgman predicts that within the
next few days it will be discovered that
gold is on the way here from Europe,
and that tight money is no longer a
danger. Other bankers with foreign
connections gave Mr.. Seligman's opinion
The contingent that are
always on parade as possessing "Gould
were among the weariest
citizens that this town can boast Every
one of them all was caught loaded up
With stops at top prices. Russell Sage
Ind Jay Gould have slaughtered every
me of their friends, as their hangers-on
owe TO label themselves. Jay Gould Of
ers as al excuse for hi5 wholesale calling
If loans that he thought stocks were
heap and he could use his money to bet
er advt ntage in the market than he could
" having it on loans.
The World prints a long item on jaw /
Iould from which the following is taken: 6
"Mr. Gould, TO what 90 you attribute {
he great disturbance IN Wall street to- {
ay?O I
1.-THE market was raided for one thing
nd scare was created. They had Nj.
ield broke and me dead, but they found
ut that Mr.. Field was not broke q
nd that l was not dead. l believe that
tocks are cheap. / bought some. |
ought Missouri Pacific, Western Union
nd Manhattan. am not in the market
8 Spectator and am not an extensive '
uyer of anything. 1 don't owe money d
nd have little TO spare TO buy good
lings occasionally when | see them" q
Interstate commerce has now had q h
God trial. What is the effect of it on y
lie railroad system of the country?n n
Isl think 1t IS beneficial. My instruc- r
ons were to carry out the law on our h
dads and we think we have profted by q
. The commissioners are intelligent q
en and they are interpreting the law so
J to produce the best results, | think"
"Has the political situation any bearing z
D the railroad and business interests of
lie country? Would change back to >,
epublican administration be hurtful?" Ie
81 don't think change would have any G.
feet" replied Mr. Gould, after mo- u
ent's reflection. "The present admins "
alton is discreet, and don't believe any fs
would interfere with the a.
'osperity of the country" 81
"What policy would produce the best OF
suits for the country at larger" Is
"To letalone," was Gould's quick re- al
'onse. "The country is able to work out So
J own prosperity. Americans are great 81
ID brave people, and all they b'
ant is to be let alone. They az
mt want interference from the &c
esldent, Congress, Legislature, or CT
'vernors. 1t would be better
met only once in five years fa
lie people are able to take care of them at
Ives and run their own affairs. The 7.
wer of other lands have to serve from tn
e to seven years in the armies, We
We no great standing armies, and our sp
st men prosecute industries that make ev
2 country rich and the people con-
lted. Our people will always be pros NJ
rous as long as they can attend to their IL
N affairs" vi
'Mr Gould,haVe you ceased specule-
n in Wall street wholly and for good?"
Il may buy stock as did to-day, when sp
hink l an acquiring property cheap,
+ l have absolutely stopped specula- ~
4. l Withdrew from Wall street to ~
nsin out, year ago last January. 1 ~
III never under any circumstances be q 10
.culqtOr gOain ,, III